OneGold Forex Broker

OneGold Information OneGold is an US-based innovative platform that combines the benefits of physical precious metals with the ease of digital trading. The platform boasts a user-friendly interface, excellent customer support, and competitive pricing.Pros and ConsPros Cons Direct ownership of precious metalsNo valid regulatory certificatesUser-friendly mobile appNo leverage options for tradingCompetitive storage and management feesImmediate funding and multiple payment methodsIs OneGold Legit？ OneGold, launched by two industry titans, APMEX and Sprott, operates without regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.What Can I Trade on OneGold？ OneGold specializes in the trading of precious metals, specifically gold, silver, and platinum. In addition to physical metals, OneGold provides an innovative digital ownership model. It allows investors to buy and hold precious metals in a digital format, which can be easily converted into physical form or sold back to the platform.Tradable Instruments Supported Precious Metals(Gold, Silver, and Platinum)✔Forex❌Stock❌ETFs❌Bonds❌Crypto❌Account Types OneGold offers one live trading account and a low-cost IRA solution. Unfortunately, demo account is not available. The account opening process with OneGold is quick and simple. Prospective clients can sign up for an account through its website or mobile app.OneGold Fees This firm charges a transaction fee according to the type of metal and the volume of the trade. For example, when a customer trade U.S. Gold, $19.21 per ounce will be charged. This represents a 0.80% increase over the current market price. There are different fee structures for silver and platinum transactions. A storage and management fee is also charged by this platform. It varies between 0.12% to 0.30% depending on the specific metal and the trading volume. This fee covers the cost of storing, insurance and third-party audits. Leverage is not an option for precious metals trading enthusiasts on this platform.Trading Platform The OneGold Mobile App revolutionizes precious metals investing with live spot prices, 24/7 trading, and customizable market alerts. Interactive portfolio management is available, this tool help users to make informed decisions with real-time updates. The AutoInvest feature allows you to create an automated order for real metal, and tailor it to fit your needs. The app also provides market news and customer market alerts. Overall, it's easy to use and navigate. And if you have questions, you can access the help center online to check the most common FAQs.Trading PlatformSupported Available Devices Suitable forMobile App✔IOS and AndroidSerious precious metals investorDesktop✔Serious precious metals investorMT5❌MT4❌Deposit and Withdrawal OneGold does not charge fees for deposits made via wire transfer or bank ACH transfers, but deposits made using PayPal/credit card incur a 3.99% fee. For withdrawals, wire transfers have a $25 fee, while personal checks and bank transfers (US banks only) are free of charge.There is a minimum deposit amount of $100.Deposit OptionsDeposit Options Min. DepositFees Processing Time Wire Transfer$100NoneWithin 2 business daysBank ACH Transfers (US Banks Only)$100NoneUp to 3-4 business daysPayPal/Credit Card$1003.99%InstantWithdrawal OptionsWithdrawal Options Min. Withdrawal Fees Processing Time Wire TransferNone$25In 1 to 2 business daysPersonal CheckNoneNoneIn 1 to 2 business daysBank Transfer (US Banks Only)NoneNoneIn 1 business dayCustomer Support Options If there's something you need to do that you can't manage online or through the mobile app, you can always reach out to customer support. You have multiple choices, including email (support@onegold.com), phone support (+1-800-492-9144), social media channels (Facebook, Youtube, and Twitter), and an online message box.Contact Options DetailsPhone+1-800-492-9144Emailsupport@onegold.comSupport Ticket SystemN/AOnline ChatNoSocial MediaFacebook, Youtube, and TwitterSupported LanguageN/AWebsite LanguageMultiplePhysical AddressN/AThe Bottom Line OneGold could be an option if you're drawn to direct ownership of precious metals or you want an online brokerage focusing on gold trading. The biggest drawbacks, however, are the regulatory status and lack of leverage options. There are plenty of other brokerages that adhere to stringent regulatory standards and give you more trading options. Any time you're comparing brokerages, keep risks and the investment choices firmly in mind.FAQs Is OneGold safe？ OneGold is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved. Is OneGold good for beginners？ OneGold provides a great platform for beginners, because of its simple interface and excellent customer service. Does OneGold offer leveraged trading？No, OneGold does not provide leverage trading. It offers a straightforward investment without high risk with leverage.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.